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Riordan Gap Analysis - Essay Example

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It will make use of various concepts and would try to suggest a strategy or several strategies that will help Riordan to achieve its goals and become a better organization.
The company is…
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Riordan Gap Analysis
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Download file to see previous pages However, the company can use this as a opportunity to better manage its operations. It can give different compensation packages and work schedules to different groups of people and take advantage of the situation by improving its production,
The second issue that the company is facing that there are several late consignments in the last few months. There is some problems in the operations management of the company. The company can again use different sets of people to solve the problem. By allocating different work schedules and holidays, the company can operate in holidays because one or two groups will always be present to work because different cultures have different holidays falling on different days, months and years. This way the company can reduce the problem of late consignments.
The third issue for the company is lack of qualified resources. However, the company can train them to achieve great benefits out of them as they would command fewer salaries than qualified resources. Hence, the company can improve its profitability.
There would be different interests for management, government and employees. The management would want high productivity and achievement of overall vision. The government would want the organization to follow all rules and regulations and to respect the natural environment. However, the employees would want better conditions of work and high salaries. These interest might conflict with each other and the company will have to choose a framework to decide which aims to follow and which to ignore depending on the firm’s own value network. For example, paying high salaries to worker would mean that the company’s vision of being a profitable firm would suffer. Hence, the company will have to make a decision on what is best for the firm to follow.
The company would want to achieve workplace harmony. This means that no culture is conflict with the company’s polices and that there is no infighting within the organization. The ...Download file to see next pagesRead More
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